So far this isn't a recession and isn't a tech recession. There's 3.6% unemployment, 11.5 million job openings in March, up from 11.3 million in Feb, which is

So far this isn't a recession and isn't a tech recession. There's 3.6% unemployment, 11.5 million job openings in March, up from 11.3 million in Feb, which is twice the number of job seekers. The US added 431,000 new jobs in April. There was a blip in GDP but it can be explained by bullwhip effects still rippling through the economy from the pandemic, and china lockdowns. And mostly the negative effects we're seeing here is hitting all the froth (unicorns, crypto, VC, overpriced tech stocks). Unless there's contagion from something really large popping soon, this looks more like a correction.